Appin House & Stewart Quay, Hayes
In July 2015, Joiner Cummings acted on behalf of Aberdeen Asset Management on the sale of a long let industrial investment in Hayes, London.
- West London freehold industrial investment.
- Exceptional location 3 miles from Heathrow Airport and Hayes is set to bene t
from Crossrail services in 2019 and significant regeneration.
- Large well configured site totaling 3.75 acres providing excellent potential
for future redevelopment at a higher density (current site cover of 16.00%)
or alternative uses.
- Strategically important site for the tenant servicing London and the
- Let to Hendricks Lovell Ltd with a guarantee from
Grafton Group Plc (D&B 5A 2) who have a turnover of £2.08bn, pre-tax pro ts
of £101m and shareholders’ funds of £902m.
- Let off a low reversionary rental base..